YEARLY HIGH
9551.7182 VND
YEARLY LOW
8204.6562 VND
YEARLY AVERAGE
9100.3098 VND

2017 GEL to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GEL to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 9551.7182. Conversely, the yearly low was recorded on January 6, dropping to 8204.6562.

This high-to-low spread represents a total annual volatility of 1347.0619 VND. From a start-to-finish perspective, comparing the January average rate of 8379.9576 to the December average rate of 8660.3467, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 9551.7182 was down 9.11% compared to the 2016 peak of 10508.9635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 47,758,591 VND
2016 Average 47,444,588 VND
Yearly Trough Low 41,023,281 VND
Transaction Impact: A difference of 6,735,309.62 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

9587.9143
8270.1433
JanuMarcMayJulySeptNove

GEL to VND Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 9071.7298, compared to 9128.8898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 57.1600 points.

H1 Avg (Jan–Jun) 9071.7298
H2 Avg (Jul–Dec) 9128.8898

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 791.3020 VND (High: 9151.4037 / Low: 8360.1017). On the other end, July was the most stable month, with a tight range of 70.3881 VND (High: 9506.0547 / Low: 9435.6665).

November Spread (Volatile) ±791.3020
July Spread (Stable) ±70.3881

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 324.8301 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -324.8301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 9478.1001) against the same month in 2016 (average: 9624.8791), the exchange rate shifted by -146.7790 (-1.52%).

2017 Avg (August) 9478.1001
2016 Avg (August) 9624.8791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8589.4044 8204.6562 8379.9576
February 8909.5988 8375.4607 8625.9982
March 9356.1077 9121.5304 9237.2149
April 9542.4348 9195.7017 9410.1568
May 9427.8882 9293.7383 9361.9739
June 9446.2699 9342.2409 9415.0774
July 9506.0547 9435.6665 9474.5123
August 9551.7182 9364.5831 9478.1001
September 9335.3132 9165.3807 9219.8240
October 9221.5473 8923.1644 9132.6929
November 9151.4037 8360.1017 8807.8628
December 8977.4988 8382.0473 8660.3467